Graded Cardboard Flip

Saw this just now a hard to see coin with an IGC 1856 AU 55 grading of some gold token in a stapled flip. Hmmmmmmmmmmmmm.........

 

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some people do this when they free them from their plastic prisons.

 

That's a first for me to see.

 

If it's authentic fractional gold, then what is "style" suppose to mean?

 

It not real, it's a "charm".

 

Ha, thanks. Didn't even see that.

 

I read somewhere on CT that if it has a bear and does not have a denomination it is a fake Cali frac gold. Plus mine is pretty crude and you can see the plating wear. Bought 3 for a $1 as a novelty item.

 

Never seen that before

 

I would suspect the ICG label is from a real California fractional and the (charm) and "California fractional style" indicated it was from one of the later issues and not the early circulating ones. And that label from a cracked out slab has now been used on a modern fantasy piece to try and sell it as a real one.

 

Cracked it out and then thought better of it?

 

Yes, that is what i am learning, none of the originals had a bear, and they all had Dol, Doll, or Dollar if they were used as a currency, if it does not have it, its a token.

I still love the certified coin in a cardboard flip!

 

Yes, not real.

When you see only a fraction, and especially a bear, you are looking at something that Woolworth’s used to sell for $2 in the late 1960s.